Core Insights - Kimberly-Clark Corporation (NASDAQ:KMB) is recognized as one of the 10 Best Recession Proof Dividend Stocks to Buy [1] - The company is a global leader in consumer goods, particularly known for its personal care and tissue brands such as Huggies, Kotex, and Kleenex [2] - Demand for Kimberly-Clark's products remains stable during economic downturns, as essential items like diapers and toilet paper are necessary for households [3] Financial Resilience - During the 2007–09 financial crisis, Kimberly-Clark experienced only a 4% decline in sales, showcasing its resilience [4] - The company has effectively managed inflationary pressures on raw materials through price increases and efficiency measures [4] - Kimberly-Clark is classified as a Dividend King, having achieved 53 consecutive years of dividend growth, with a current quarterly dividend of $1.26 per share and a dividend yield of 4.12% as of September 26 [4]
Kimberly-Clark Corporation (KMB): A Reliable Pick for Recession-Proof Dividend Investors